Announcement
24 Apr 2020
The Chilean government announced the capitalization of the Guarantee Fund for SMEs in response to the Coronavirus pandemic.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Apr 2020
Revocation date:
30 Apr 2021
Updated: 24 Apr 2020
Export subsidy
Law 21229 adopted by the Executive of Chile on 24 April 2020, also applies to exporters. Concretely, the capitalization of the Guarantee Fund for SMEs (i.e FOGAPE by its Spanish acronym) ...
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Updated: 24 Apr 2020
Loan guarantee
On 24 April 2020, the Executive of Chile adopted Law 21229 approving the distribution of USD 3,000 million to SMEs in the form of loan guarantees in response to the Coronavirus outbreak.
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